SQS vs. UFO

Last updated Jun 6, 2026

SQS (Sapient Quality Select ETF) and UFO (Procure Space ETF) are both Global Equities funds. SQS is actively managed, while UFO is passively managed. A 0.59 correlation means they provide meaningful diversification when combined. SQS charges 0.80%/yr vs 0.75%/yr for UFO.

Performance

SQS vs. UFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sapient Quality Select ETF (SQS) and Procure Space ETF (UFO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SQS

• 1D: -3.19%
• 1M: -1.11%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

UFO

• 1D: -7.80%
• 1M: 3.81%
• YTD: 41.55%
• 6M: 53.43%
• 1Y: 114.27%
• 3Y*: 42.70%
• 5Y*: 14.36%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SQS vs. UFO - Yearly Performance Comparison

	2026 (YTD)
SQS Sapient Quality Select ETF	8.21%
UFO Procure Space ETF	19.74%

Correlation

The correlation between SQS and UFO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 17, 2026	0.59

Return for Risk

SQS vs. UFO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

UFO

UFO Risk / Return Rank: 82
UFO Sharpe Ratio Rank: 89
UFO Sortino Ratio Rank: 77
UFO Omega Ratio Rank: 72
UFO Calmar Ratio Rank: 89
UFO Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SQS vs. UFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sapient Quality Select ETF (SQS) and Procure Space ETF (UFO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SQS	UFO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.95	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.24	0.43	+1.81

Drawdowns

SQS vs. UFO - Drawdown Comparison

The maximum SQS drawdown since its inception was -7.18%, smaller than the maximum UFO drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for SQS and UFO.

Drawdown Indicators

	SQS	UFO	Difference
Max Drawdown Largest peak-to-trough decline	-7.18%	-50.33%	+43.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-21.95%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-25.91%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-50.33%	—
Current Drawdown Current decline from peak	-4.14%	-19.31%	+15.17%
Average Drawdown Average peak-to-trough decline	-1.20%	-21.81%	+20.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.88%	—

Volatility

Volatility by Period

	SQS	UFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	32.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.82%	39.00%	-20.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.82%	30.14%	-11.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.82%	30.90%	-12.08%

SQS vs. UFO - Expense Ratio Comparison

SQS has a 0.80% expense ratio, which is higher than UFO's 0.75% expense ratio.

Dividends

SQS vs. UFO - Dividend Comparison

SQS has not paid dividends to shareholders, while UFO's dividend yield for the trailing twelve months is around 0.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
SQS Sapient Quality Select ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFO Procure Space ETF	0.30%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%

Frequently Asked Questions

Can I hold both SQS and UFO in my portfolio?

SQS and UFO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SQS or UFO?

On fees, UFO is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SQS or UFO?

UFO is cheaper with a 0.75% expense ratio, compared with 0.80% for SQS.

Which ETF pays a higher dividend yield, SQS or UFO?

UFO has the higher dividend yield at 0.30%, compared with 0.00% for SQS.

What is the main difference between SQS and UFO?

They also come from different issuers: Sapient and ProcureAM. Their fees differ too: 0.80% for SQS and 0.75% for UFO.